2012-12-01
2012-12-31
x harry reid

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stays in hawaii. he will head back later this evening. he did take out with the first lady to express gratitude with service members on behalf of the nation. >> we know it's not easy, but what we also want you to know is you have the entire country behind you and all of us understand that we would be nowhere without the extraordinary service that you provide. i want to say thank you and we love you. >> kristen welker is live in honolulu. it's early in the morning there, but president obama traveling home to d.c. 10:00 p.m. hawaii time. there doesn't seem to be a lot of urgency rarg the fiscal cliff. are they geared up and ready to work on this? >> i think they are. they are hoping that the pressure to get something done will encourage everyone to come to the table to compromise. if you think about it, they have less than a week to get a deal to avoid the fiscal cliff. not a lot of time. how did we get to this point? taking you back to last week, you remember john boehner tried to get that alternative bill through the house. his own bill. he didn't have the support to do it. it fell ap

decades. president obama cut his hawaii trip short arriving in washington early today. for now, the house of representatives is not in session but we've learned those lawmakers are set to return this weekend. today the senate majority leader, harry reid, says we've just about run out of time. >> if we go over the cliff, and that's where we're headed, mr. president, the house of representatives as we speak with four days left after today before the first of the year, aren't here with the speaker having told them they'll give them 48 hours notice. i can't imagine their consciences, out wherever they are around the country and we're here trying to get something done. >> we're awaiting reaction from the senate minority leader, mitch mcconnell. when that happens we'll go live to the senate floor but a spokesman for john boehner says senator reid should talk less and legislate more. the house passed legislation to avoid the fiscal cliff. senate democrats have not. if the president and lawmakers cannot reach a deal in the next five days, automatic tax hikes and major spending cuts are set to kic

. >> aloha, hawaii. the president is on his way back to d.c. where for him it's about playing small ball with most members of congress still in their home district, speaker boehner put that ball in the senate's court. harry reid tossed it right back. are we looking at another lost day in the negotiations? hitching a right on air force one, the new senator from hawaii and it's not what we expected it to be. here we go again. the president in washington and another deadline. secretary geithner warns we will hit the debt ceiling even before we tumble over the fiscal cliff. good morning from washington. it is thursday, december 27th. this is "the daily rundown." i'm luke russert. two days after christmas and washington is back to work trying to harsh out a deal to avoid the fiscal cliff. the senate will get back from the session after holiday break. the president is expected to arrive back to the white house without his family to get back to twork mework to meet the loo deadline. mike is at the white house. let's start with you. the consensus around the hill is that we are more likely than n

the final results in just a few hours. >>> hours ago hawaii senator daniel inouye was laid to rest. he represented hawaii in washington for more than five decades, ever since hawaii became a state in 1959. the 88-year-old senator was also a war hero. he lost his arm in world war ii. president obama and the first lady attended today's funeral in hawaii. obama has said inouye was his earliest political inspiration. >>> we are not going to budge. that's the message from the national rifle association. making it clear today its opposition to any new gun laws in the wake of the connecticut shooting. the group's ceo is standing by remarks he made at an event on friday. cnn's barbara starr has more on the debate that dominated the sunday morning talk shows. >> newtown. >> newtown. >> newtown. >> newtown. >> how many more? >> reporter: performers and artists now joining with 800 mayors calling for a plan to end gun violence. but wayne lapierre, the chief executive officer and public face of the national rifle association, made clear on nbc's "meet the press" that his organization will oppose l

the holidays in hawaii, his home state. do we know what, if anything, they are doing about that trip? >> reporter: that's not been announced yet, but since the congress is leaving, it would seem -- since the house of representatives, it would follow the president would go to hawaii for a period of time, would be my expectation. he could go sometime in the next few days, and then have christmas with his family, open the gifts in hawaii, and then come back shortly after christmas to try to cobble together a deal quickly before the new year, if that can be done. >> they've got until january 1st to do it. he was in the roosevelt room earlier in the day making a major announcement as well. tell our viewers about that. >> reporter: that's right. he used this opportunity to get one cabinet announcement under his belt. but he waited long enough to let -- it took long enough that susan rice first dropped out under pressure. that left john kerry as the last one standing and it's clear here at the white house the president and his aides expect kerry's confirmation to go very smoothly. you can e

leaders. the full senate reconvened today. the president ended his vacation in hawaii early, flying back to washington this morning. but he made no public statements. if there is no deal on a budget by new year's day, nearly every american will see a tax increase. we have two reports on the stalemate, beginning with nancy cordes on capitol hill. nancy. >> reporter: jeff, democratic aides tell cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets assurances from republican leaders that they won't try to block it. that standoff is creating some tension on capitol hill that spilled on to the senate floor today. >> the senate will come to order. >> reporter: in the normally genteel senate, leader reid unleashed a tirade today about house speaker john boehner, accusing him of running a dictatorship in the house. >> speaker boehner is not willing to negotiate. we have not heard a word from leader mcconnell. nothing is happening. >> reporter: mitch mcconnell, the top republican in the senate, said it's reid who h

brown remembers the life of war hero and medal of honor winner daniel inouye, the senator from hawaii who was third in line to the presidency. >> ifill: and we close with the story of a message of hope and healing from the late fred rogers, in a 34-year-old photo that's gone viral. >> woodruff: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the white house had a new proposal on the table today in the fiscal cliff negotiations. house republicans said it fell well short, but the two sides kept at it, hoping to avert across-the-board tax hikes and steep mandatory spending cuts in 2013. >>

for the holidays and left for hawaii without a deal in place. with nine days left now, is it too late? remember the house budget committee marcia blackburn joins us now. congressman thank you for joining us. >> sure. >> before we get underway, i would love to play for you. play for you right now the president's words just before he departed on his hawaii vacation. here he is. >> so as we leave town for a few days to be with our families for the holidays, i hope it gives everybody some perspective. everybody can cool off. everybody can drink some eggnog and have some christmas cookies and sing some christmas carols and enjoy the company of loved ones. >> and then, congressman, just after he said that senator jeff sessions of alabama said this, and i shall quote, president obama today gave another speech about the fiscal cliff, no plan, nothing that can be scored or analyzed, just another speech. if president obama wishes to avoid the fiscal cliff then he with all of the power and influence he holds as the leader of this nation must submit to congress in legislative form a plan that he believes c

will be taking off for hawaii. i mean, his take off was -- i'm sorry? there is the plane. and that, of course, picture being worth 10,000 words. i was about to say, we will wave to the president, which is another obvious given to the fact that air force one is waiting to win its way westward to hawaii. this is not a prident to is overwhelmed by his failure to lead on this issue. it doesn't like it is now his issue, does this? i mean, it is over. now harry reid, mr. electric, and mr. obama get to go at it. >> look. advantage once again, to snatch the feed from the jaws of victory. the three of us on the next commercial break could figure this out. the point -- lou: the two of you could. i would report. >> look, they just want political mileage, and they are getting it. it will be done. it has to be done. then they will go on to the next one. but it may not be done until the market falls by another five or 10%. it seems as though policymakers want to be beaten with a stake in order to get something substantial accomplished in terms of long-term budget deficit reduction. lou: i can tell you, you

week. >> dana: we'll see him in hawaii. >> eric: yeah, yeah, yeah. >> greg: he spoke a lot about common ground and doing it together. is that his way of saying agree with me? >> eric: can i make a point before mr. beckel says he had a deal, he talked to reid and will come and announce a deal. shining armor. right off the sun -- ride off to sunset to hawaii. had nothing, did nothing. all he did is come to the podium i talked to reid and boehner, i'm out of here. going to hawaii. >> bob: you haven't spent much time negotiating in washington. if you don't think there is a deal done by december 31 -- why would he talk to boehner? >> kimberly: he has to. >> bob: to go to hawaii? >> kimberly: yes. >> eric: before he goes, everyone on the right will say why -- >> bob: they had -- >> eric: why go hawaii? >> bob: reid, here are the parameters. boehner, we'll sell this. deal by 28 or 29. >> kimberly: demonize republicans to say he would meet them halfway and number of instances. look, i'm presidential and i am showing leadership. they're intractable. they are the bad guys, i'm good guy and aloha.

tomorrow. hawaii is said goodbye to a much-respected native son. daniel inouye. president obama attended inouye's funeral yesterday, along with other washington insiders, including his friend senator harry reid. he represented hawaii in congress ever since it became a state in 1959 and was the second-longest serving senator in u-s history. inouye received the medal of honor for his heroism during world war two. inouye died a week ago at accepts total responsibility senator michael crapo was arrested in virginia shortly after midnight, saturday night. alexandria police say the idaho republican ran a red light, then failed several field sobriety tests. police say crapo's blood alcohol level was point-one- one ; the legal limit for drivers in virginia is point-oh-eight. in a statement released by his office, crapo said he was -- quote -- "deeply sorry for the actions that resulted in this limit in virginia. the deputy police chief says an investigation is underway to determine whether the killing was intentional or accidental. it was not known whether the victim was a military orthe nato mi

hawaii tonight to come back to d.c. let's speak to a republican from florida. congresswoman, you played a big role in getting a marine out of a nightmarish prison in mexico and back to his family for christmas. first, i want to ask you about the fiscal cliff and what's happening in the next couple of days. first, do you think it's possible we'll get anything other than a band-aid between now and six days from now when the triggers kick in? >> i'm very optimistic if all of us pull our weight and do some serious conversations we'll have a bipartisan solution, because nobody wants to go over this fiscal cliff. it will damage our economy. it will hurt every taxpayer, the largest tax increase in history. it will affect everybody, and anyone who is watching who thinks, oh this isn't going to impact me, you will fin out d o will, and we know the problem is a lot of spending. not that we're not taxing people more, we're just spending too much. we hope that the president understands that as for as republicans are concerned, we're willing to negotiate and have a civil conversation, but also he's

to hawaii, president obama said he met individually with leaders of the house and senate, asking them to work toward a package that prevents a tax hike on middle class americans. >> this is something within our capacity to solve. it doesn't take that much work. we just have to do the right thing. so call me a hopeless optimist, but i still think we can get it done. >> earlier in the day, speaker boehner held a news conference. a vote on his so-called plan "b" was scrapped thursday night when it became clear it did not have enough support among house republicans to secure passage. >> a situation where because of the political divide in the country, because of the divide here in washington, trying to bridge these differences has been difficult. if it were easy, i'll guarantee you this would have been done decades before. >> joining me now, congressional reporter for "the washington post," ed o'keefe. good to see you. >> good to see you too. any kind of realistic timetable that this will be done before january 1st? >> what the president is most concerned about now, making sure unemployme

in d.c. a few hours ago after scrapping the rest of the holiday vacation in hawaii. before his departure, the president called all four congressional leaders, reid, mcconnell, boehner and pelosi. now fiery words after reid hit boehner with volley after volley from the senate floor earlier today. >> if we go over the cliff and it looks like that's where we're headed, mr. president, the house of representatives as we speak with four days after today aren't here with the speaker having told them they'll have 48-hours notice. i can't imagine their conscie e consciences. >> speaker boehner's office responding with a terse statement saying in part, quote, senator reid should talk less and legislate more. the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. joining me now from d.c. nbc news white house correspondent peter alexander. peter, there was word the last hour that the president may have sent some sort of deal. the white house then turning around saying that's not true at all. where was the confusion? >> reporter: well, you hear th

hawaii. we got a new united states senator, senator tim scott. he will be congressman now from south carolina. the first black in the united states senate and will be the only african-american in the united states senate. the first black from the south since 1901. that's the good news. bad news is he has every bit as tea party crazy as jim demint whose place he takes in the senate. we'll bring you more about that and a whole lot more but first here's the latest, today's current news update, lisa ferguson's got it out in los angeles. hi lisa, good morning. >> hey bill. good morning everyone. president obama has another light day on his schedule today. just an afternoon meeting with defense secretary leon panetta. that's after a new fiscal cliff offer is now on the table showing he and speaker boehner could be closer to reaching a deal. the two met at the white house for about 45 minutes yesterday. last night president obama laid out a new compromise. a couple of details for you. the about the has dropped his

. >> gregg: will be the president be working on these issues during his christmas holiday in hawaii or is it golf and r&r and spending time with the kids? >> mostly r&r but on friday the president acknowledged there might not be time for any grand bargain. he scaled back for expectations for the rest of the year. one democrat said a larger deal is not impossible. >> we what we ought to do is take speaker's last offer, president's last offer and split the difference. that would be a package of about $2.6 trillion. you couple that with the $1.1 trillion that has already been done, that would be close to the $4 trillion we needed to stabilize the debt and begin to bring it down. >> reporter: to do that the president is demanding wealthy pay higher taxes. >> gregg: steve, thanks. >> heather: gregg, president obama is taking a break from the stress of fiscal cliff negotiations spending the holiday in hawaii. there is also a somber moment on his schedule. president and first lady attending a memorial service for daniel i inouye. >> he is leaving the fiscal cliff worries back home. we are

and the two are to pay respects this afternoon to daniel inouye of hawaii. this has been going on for hours. they change the guard every half hour and notables come to pay their respects. senator inouye, of hawaii, first served us as a soldier in world war ii and was a senator, get this, for 50 years. inouye was a war hero. he lost his right arm while leading the platoon into battle in italy and awarded the medal of honor and died on monday of breathing complications at age of 88. he became hawaii's first congressman following statehood in 1969. he won election to the senate in 1962. only 31 people have laid in the cap doll rotunda and the last was gerald ford six years ago and the last senator honored was the democrat humphrey in 1978. he will be escorted to the washington cathedral and returned to hawaii on saturday to honor an american hero who died on monday. senator inouye. >>shepard: senator dole and his wife and harry reid and the rest on the late senator inouye, senator inouye often credited a man he met in world war ii army hospital in italy with getting him into politics. i messag

would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and return to washington later today to take part in "fiscal cliff" negotiations. christmas day the president and first lady met with servicemembers and their families. the president told the marines he was grateful for their service and posed pour pictures. >>> recent college graduates are having a tough time getting jobs in their desired lines of work. according to the latest u.s. census figures about 2 60,000 young adults with college degrees in california are working in food service and retail. >> couldn't get a job in the field that i wanted to so i figured i have to start at the bottom. >> without higher paying jobs, it's that much harder for graduates to pay back student loans weapon tuition rising across the nation. >>> the holiday season isn't what it used to be for american oh. a new poll suggests a lot of people are working between christmas and new year's. the survey conducted in the midwest shows about a third of wo

a deal. >> aloha, hawaii. >> to my republican colleagues, the ronald reagan model is if you get 80% of what you want, that's a pretty good day. >> they were this close. they were this close to a solution. >> he's going to get tax rate hikes. >> are we going over the cliff? >> i believe we are. >> be republican and be conservative and pass a bill that cuts tax. >> boehner has no control over his extreme right wing faction. >> should anybody's taxes be raised at this point? answer yes or no. >> no. no. ♪ >> we begin as president obama and the senate head back to washington set for one last effort to avert the first fiscal cliff. aloha means good-bye for the president as he packs bound for the white house tonight. the president cutting short his vacation leaving michelle and the girls behind as he gets back to work to try to prevent tax increases and spending cuts due to begin next week. there's just one problem. it appears there would be no house republicans to help hammer out a deal. the gop leadership has not yet called their members back to d.c. and will not be in session tomorr

whether busy day how? >>> a play of the day now comes from the hawaii bowl. >> fresno state's adams of palo alto high alum with an impressive touchdown catch from the quarterback carr. but they lost to southern methodist but they got to go to hawaii on christmas eve. a great catch. >>> the linebacker for the arizona cardinals surprised a lucky fan by giving him an early christmas gift before the team took on the chicago bears yesterday. or earlier this week. check it out. >> well, sam ahcho, look at this great christmas scene, he gives his glove to the fan and talk about an early christmas present. >> clearly excited about the present. check it out mom. he shows it off to mom, his parents will have a hard time copying that gift this morning. >> that kid will remember that the rest of his life. >> same place for the cardinals, they've won two or three games but it doesn't matter. >>> well, we have our yule log burning as you can see we have the coffee brewing and presents under the tree. >> now something for kids from one to 92. a christmas medley from the cbs 5 singers. ♪ chestnut

with the president and joins us from hawaii. >> they can still talk, right? true. but the people who matter are not. perhaps the lines of xhoukz are open between the white house and senate democrats. but the white house at this point is not in discussion with not only speaker john boehner but the senate minority leader, mitch mcconnell and perhaps because of that, you have some of that pessimism of senator liberman being shared by republicans. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes and sees a political victory at the bottom of the cliff. gets additional tax revenue, gets to cut the military which democrats have been calling for for years and blame republicans for it. >> now, all eyes are now on the senate, which will reconvene on thursday. seen as likely that president obama will head back to washington from hawaii here. senate minority leader harry reid has the task of trying to conjure up something that might be able to pass the house in addition to the senate publicly. the white house is saying they want tax rates to remain i

. the president pulled the plug on his holiday trip to hawaii and arrived in washington shortly after 11:00 in hopes of prodding congress to lock in taxes for all but the wealthiest 2%. so a republican source told us he would be sending legislation to capitol hill, but the white house is telling us no, that is not the case. you have the president there at the white house. you have the senate in session and they are scattered throughout the country and taxes are going up on january 1st. let's listen to harry reid. he is not happy about the house and being away. he is the top senate democrat. >> we are here in washington working. we have the house of representatives out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> here's a reality. reid said it's beginning to look to him as though we will plunge over the cliff come tuesday. they are keeping an eye on washington to see what develops. since it looks as though we are headed for higher taxes, i want to bring in terry savage, a personal finance expert for the chicago s

honolulu, hawaii where the president and first lady have just arrived. hundreds of hawaiians started gathering saturday to welcome the senator home and pay respects. inouye was a recipient for the medal of honor for his braver. kristen welker joins me now from honolulu. a warm christmas, i see. >> reporter: yes indeed. it is lovely here. >> the president is on christmas vacation and so is congress. that doesn't mean they don't have work to do as the fiscal cliff looms. i take it this is a working vacation. >> reporter: white house officials have described this as a working vacation and talks are going on behind the scenes between white house staffers and hill staffers. the reality is the bulk of this probably won't get done until after christmas when lawmakers are expected to resume negotiations. there is a lot of frustration especially among senior members in both parties in part because president obama, house speaker john boehner seem so close to getting a deal done. they were really close on taxes and entitlement reform. we saw that last week house speaker john boehner couldn't ge

spoke at the white house friday before leaving for hawaii where he is now. but at the same time the president acknowledging there might not be time for any kind of a grand bargain. he scaled back his goals and pushing not for the big deal, but for middle class tax cut and extended benefits. a larger deal wouldn't be that hard to reach. >> what we ought to do is take speaker boehner's last offer, the president's last offer and split the difference. that would be a package of about $2.6 trillion. you couple that with the 1.1 trillion that will be done. that would be close to the $4 trillion needed to stabilize the debt and to begin to bring it down. >> and if no action is taken by the end of the year taxes go up for everybody. back to you, eric. >> we have to see. the clock is ticking. >> tick, tick, tick. more on the fiscal cliff negotiations. i am joined by congressman peter king from new york who is involved. congressman, great to have you here. >> great to be here. >> happy holidays. >> happy birthday. >> have i to ask you, what are you doing home when we are approaching the f

obama is hawaii's next senator. brian schatz is currently the lieutenant governor. he's due to be sworn in this afternoon about three hours from now. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. with odor free aspercreme. powerful medicine relieves pain fast, with no odor.

posturing. president obama is flying back to washington tonight from his christmas vacation in hawaii to make one last attempt to get a deal before midnight new year's eve. the senate is returning and will be in session tomorrow for the same purpose. senate majority leader harry reid is trying to determine what kind of bill he can get through the senate with limited republican support. meanwhile, governor neil abercrombie of hawaii tonight announced that lieutenant governor brian schatz is as fit to feel the seat of the passed senator daniel inouye. he will leave hawaii for washington tonight and is expected to be sworn in sometime tomorrow afternoon. the democrats are wasting no time in the event harry reid needs the vote to avert the fiscal cliff. but the house? a different story. speaker john boehner held a conference call with republican leadership today, and basically decided to do nothing. there are no immediate plans to return to washington. even as that decision is made, how members have 48 hours to get there. house republican leadership released a statement today reading in p

. >>> president obama is arriving right now in washington, d.c., coming back from hawaii, trading his tropical vacation for the hard reality of the fiscal cliff negotiations. the president called all four congressional leaders last night in an effort to reach a deal, but did that call fall on deaf ears? jared bernstein, former chief economist to vip biden, as well as a contributor. i want to start with the new statement from senator mitch mcconnell's office coming out says last night he called other lead serious. the leader is happy to review what the president has in mind, but to day date the majority has not put forward a plan. jared, is that good they're actually speaking, however far apart as it may sound, at least they're talking? >> it's a bit good. better to be talking than north. the unfortunate thing are the words they're saying. i don't hear much compromise or kind of conciliation in the statements we've heard thus far. i do hear a lot of theatrics, you go first, no you go first. it's strange to say the democrats haven't put forth any legislation on this, because in fact they have. i

left for hawaii he had a meeting at the white house with senate majority leader harry reid and seeing both sides dig in on what they want and i think the smaller package, at least before new year's or right around the beginning of the year is probably the best to hope for. right now they're running out of time. lawmakers aren't returning to town, most of them, until tomorrow. the president won't be back until tomorrow and while most rank and file members won't be involved in the day-to-day negotiations of whatever this deal might be, they're going to have to vote for it. you saw right before christmas, speaker john boehner tried to move his own independent plan to raise taxes on income levels over a million dollars and he wasn't able to do that successfully. and i think it was a big sign about the difficulties he'll have even wrangling the majority of his caucus and so i think in order to get something done, anything done, to make sure that taxes don't increase on middle class americans, to make sure that the spending cuts don't start immediately, a lot of lawmakers are leary of them

. appreciate your time. >>> president obama in hawaii with his family and fiscal cliff negotiations remain at this stand still. but could the president cut that trip short? we'll investigate after this. >>> hi. i'm commander ayers here in afghanistan. i wanted to say to my mom, dad and sister in melbourne, florida, happy holidays and i love you and miss you. see you soon. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> here's a look at the stories topping the news for you right now. two firefighters have been killed, two others being treated for gunshot wounds after they were fired upon responding to a fire in upstate new york happening in the town of webster this mornin

to negotiate. president obama left hawaii early this morning, expected to land in washington next hour. senators will also be back, trying to craft a bill. we expect to hearing from him on the floor in moments. the house is still home. they'll hold a conference call with members today. to make matters worse, you say oh by the way, you'll hit the debt ceiling on monday. we also have ryan grimm. yeah, you. there you are. >>> it looks like they're pointing -- >> and politicians, and so what we're sealing is -- for deficit reduction. and spend seg cuts off their shoulders, and make it inevitable, saying, you know what? it didn't just happen to them. they pass the sequester, which contained severe, rapid definite at this time reduction. it was almost inevitable, almost the moment they passed the sequester. >> to you, ryan, i was alluding to how both sides are saying different things. two members of the house said this last hour. we had one democrat and one republican. take a listen. >> i think there's still a chance to get something done. that's what happened in the budget deal, i think tha

are we in the usa imitating failure? did you know that california and new york and hawaii are also poised to hit their richest people with a greater than 50% tax rate? isn't that great? emulate france. here now is jim pethokoukis of the american enterprise institute. jim, i thought we wanted to emulate success, not furl. >> i thought so, too. listen, the president wants to run an experiment and see how high we can crank up tax rates in this country without it hurting economic growth. they're already running it in europe, in france, in great britain. the entire european experiment here has been one of tax hike austerity. even though they focus on the spending cuts, you're talking about a high tax area raising taxes even higher. we're trying to to do the same thing here. >> least the brits have the humility to acknowledge their mistake. they took the rate from 40% 050%. millionaires left the island. now they're coming back and dropping it to 45%. at least the brits have some humility. the french don't seem to have any. those socialists are going to go down with the ship. >> they're going to

this christmas eve. he's on vacation in hawaii. they arrived in hon saturday and he is expected to continue to get the updates of course on the fiscal talks. white house correspondent ed henry lives in hopb lieu hraoufplt i assume thahonolulu. i assume that is in between beach visits. >> reporter: the president does have a lot on his plate. he's trying to get vacation time in as you say. he knows he has the fiscal cliff waiting for him there back in washington. he attended a memorial service in hawaii for the late senator daniel inouye with the first lady. he is knowing that is what is happening back in washington still matters a great deal. and republicans on some of the sunday talk shows, like senator john barrasso of wyoming was on "fox news sunday" charging that the president really does want the nation to go off the cliff because then tax less go up. take a listen. >> when i listen to the president i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all this additional tax revenue for new pr

on whatever the senate can pass, but the senate first must act. " president obama returned early from hawaii today, still pushing to extend tax cuts for the middle class, but raise rates on the well-off. aides said he made phone calls last night to speaker boehner and house minority leader nancy pelosi, as well as senator reid and his opposite number, minority leader mitch mcconnell. but today, mcconnell gave no indication of movement. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: adding to the urgency, treasury secretary timothy geithner warned he'll have to begin taking "extraordinary measures" to postpone a government default. the government is on track to hit its borrowing limit on monday, he said with no prospect of congressional action to raise the limit. here

in the commodity. it is going to have to wait. let's go to patricia in hawaii. >> yes, i'm here. booyah from hawaii. what's going on with yelp, i bought it at $21 and it's been down? >> hold on to it. i think it is worth more. don't sell yelp. let's go to stewart in new york. >> how you doing? i love you like the giants and i have a winner for you for next year. >> well, um okay. it is okay. frankly, i prefer others to it. um, for instance, i would even prefer chesapeake to it right now. and that says a lot. i was going to do my stafford imitation. it gets better. here take this. it is the conclusion of the lightning round. coming up, a world away. yum brands has made a meal ticket out of china. investors cooled the stocks and send the shares to the fryer. has wall street lost its appetite for fast food? just ahead. >>> nobody is more passionate about the market than i am. you are why i come out here and do this show. >> the stuff that you are doing for all of us is so important and i want to say thank you. >> we watch every day and we count on your help for small investors like us. >> put cramer's

. >>> brian shoots is now the junior senator from hawaii. he had served as hawaii lieutenant governor and overnight he flew with president barack obama on air force 1. >>> police drunk driving numbers were up compared to last december. between december 21st arthroscopy and december 25 theth people were arrested 39 people died. they set up a series of checkpoints in hopes of curbing drunk driving for the holiday. >>> and on interstate 880, the big difference is you can see the roadway and they are expecting dry conditions and cal train says there is no restrictions on interstate 880, however it is a much different situation over the last few days. people who had to travel into higher elevations got a white christmas and there were lots of backups. drivers had to wait at a near standstill but once you get up there it is all worth it. >> yes, 6:49 let's go to tara, she is following action going on in the east bay. >>> the off ramp is closed down for a few minutes, possibly longer and this is due to an overturned car. we will let you know how it is impacting traffic. you can see traffic i

. that is the last day of fiscal cliff talks. the president departed hawaii to return to washington, where it is not just the temperature that is chillier. talks cooled over the holidays over how to avoid the massive tax hikes. they are set to begin in just a few days. >> taxes are going to go up no matter what. they could go up a lot more, and that is where the political hit comes. >> house republicans point the finger at the other chamber, saying the senate must act on a bill to avoid the fiscal cliff. a spokesman for harry reid some are blaming the gop for the holdup. no further legislation can move unless republicans drop their knee-jerk obstructionism. if the country falls off the fiscal cliff, it may feel gradual at first, except on wall street. >> the reaction from the financial markets and the stock markets -- you could see something quick. >> a top ceo is hoping to jolt them into action. he wants employees to write " come together" on the coffee cups. >> i am maintaining my optimism that we will see the republicans and administration come together and do what is right for the coun

. >> president obama spent christmas day visiting with troops in hawaii. >> while back in washington uncertainty about the looming fiscal cliff continues. there has been to communication between republicans and democrats about how to avoid going over the cliff. before the christmas break, speaker john boehner was unable to get enough support from respects to pass his plan and help said it was up to the white house and the senate to avert the cliff. so now harry reid is believed to be crafting a plan of his own. it's expected to extend bush-era tax cuts. it would also include short-term spending cuts instead of the massive cuts that would occur if there is no deal. it would also patch up the alternative minimum tax that will hit even more middle class families and schedule a drop off for doctors. >> if republicans do give in and support the deal being put together by harry reid that deal is expected to be far less favorable than the potential deal they had been working on with president obama. >> republican strategist, frank luntz has been talking with voters, wh

. they don't want to be here for christmas eve, right? >> would the president negotiate from hawaii? he's supposed to go to hawaii on december 17th. >> they have telephones in hawaii, i can tell you. >> no credibility. you have to be in washington. america will not stand for that, for these guys being on vacation. >> nancy pelosi said the deadline is early next week. >> if we don't have a deal by the end of next week, no deal to go over the cliff. >> let's do the countdown. down about 54 points. >> meanwhile, michigan is becoming the 24th right-to-work state here in the country. someone here says unions are toxic for both workers and companies. we'll tell you all about it. stay with us. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happie

? >> the president is planning to go to hawaii with his family. the family is going to be heading there soon and he isn't getting on a plane any time soon. he could stay all through weekend. if possible he could wait through monday and eric cantor threatened that today. he said "we might stay here all weekend." the senate is intending to come back next thursday and deal with it then. >> the critical point here is will john baner be willing to bring up a bill in the house that's a compromise that may require more democratic votes than republican votes? that is anathema to him, but it may be the only way out of thiss me. >> brown: norm ornstein, christina bellantoni, thanks so much. >> suarez: still to come on the "newshour": targeting pakistan's polio eradication workers; state department security failures; the pros and cons of saving versus spending and north dakota's senator elect. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: amid the fiscal cliff fight, members of the house and senate paid final respects today to the late senator daniel inouye. the hawaii democra

>> bill: where do we go now? 866-55-press. i tell you where we go now. hawaii. >> that's what the president ought to do. hell, the senate is out of town. the house is out of town. they are not going to get anything done. so the president is going to hawaii, i bet, today. we are going over the cliff, meaning tax rates are going to go up on every single one of us every single american on january 1st, including -- i mean, everybody. everybody. and then, i think what's going to happen is that president obama and democrats are going to put forth a bill to give us 98% of americans, those on the first $250,000 of income 98% of americans a tax cut, and i think congress will be forced to pass it. but there is no doubt about it. i believe -- you tell me if i am wrong -- the american people know who is to blame here it's not president obama. it's not democrats in the house. it's not democrats in the senate. the only person to blame here are the republicans in the house and john boehner. we have been telling you for a long time, boehner can't control his own ca

for that. it is an honor given to very few americans. long time senator daniel inouye of hawaii lying in state in the capitol rotunda. he died on monday at the age of 88. inouye represented hawaii in washington since it became a state back in 1959, so his half century tenure makes him the second longest serving senator in history. harry reid paying respects. >> although senator inouye was a progressive democrat, he put his country first and party second. dan was a vibrant and vital presence in the senate and in death will remain a legend. his last words on earth, aloha. it is with a heavy heart that i and we bit alloy ha, goodbye, i love you, to a friend and legend of the senate, daniel kent inouye. >> as a japanese-american soldier he lost his right arm and received the medal of honor. only 31 people have lane in the capitol rotunda. the last was gerald ford about six years ago. >> as the bin laden movie hits theaters -- >> he is in the inner circle -- >> some are livid over a scene about torture. plus, a case so shocking it pushed president obama to make a phone call. inside an army

very good so far. we know that the president obama, on the way back from hawaii, worked the phones a bit, talking to the top four congressional leaders. speaker boehner, nancy pelosi, mitch mcconnell, and harry reid. earlier today, the senate majority leader sounded frustrated with the republicans in congress. >> nothing can move forward unless speaker boehner and mitch mcconnell are willing to come up with a bipartisan plan to participate. speaker boehner is unwilling to negotiate. we have not heard a word since neither mcconnell. nothing has happened. >> i should note that senator reid was due for a news conference later this afternoon. that has since been canceled. perhaps the senate majority leader has decided to do his talking behind closed doors and hammer out a deal. greg: filled with metaphors, no doubt. what a republican saying about the status of the fiscal cliff negotiations? reporter: they have been pretty quiet so far. we know the speaker of the house and the republican leadership team in the house is due for a conference call with members that are still back in their

. president obama flying home from hawaii this morning to try and get a deal on the fiscal cliff with the deadline just five days away now, but are the two sides even talking? >>> 36 million hits and counting. the videos that made us laugh, cry and cringe in 2012. we are going to look back at four of the year's most talked about internet sensations as the stars of them join us live in the studios, thursday, december 27th, 2012. >>> from nbc news, this is "today" with matt lauer and savannah guthrie, live from studio 1a in rockefeller plaza. >>> good morning. welcome to "today" on this thursday morning. i'm savannah guthrie. >> i'm willie geist in this morning for matt. we have the party music on for a reason. it's someone's birthday in this room today. happy birthday, savannah. >> thank you. i'm getting my musical request for today. a little techovibe. >> we will have the carbon daters to take us back to the day you were born. >> do you need to tweet out my age? >> i gave some hints. >> turning 30, very excited about that. >> we'll let you have that one. >> a lot of wind in the n

complications on monday, at age 88. he will be returned home to hawaii tomorrow, and a public service will be held at the national memorial cemetery of the pacific on sunday, before he is laid to rest in his home state. the service is about one hour and 45 minutes. >> i am resurrection, and i am light, says the lord. whoever has faith in the show have life, though he dies. everyone who has life and has committed himself to me in faith shall not die forever. as for me, i know that my redeemer lives, and that of the last you will stand upon the earth. after my awaking, he will raise me up. and in my body, i shall see god. my eyes shall behold him who is my friend and not a stranger. ford none of us has life in themself, and nunn becomes his own master when we die. for if we have life, we are alive in the lord, and if we die, we die in the lord. so then whether we live or die, we are the lord's possession. happy from now on are those who die in the lord. so it is said of the spirit, for the rest from their labors. >> as dean of washington national cathedral, on behalf of the bishop, i we

and whether the president will be here through the holiday or whether he ends up joining his family in hawaii. >> an amazing night and day. peter alexander, kelly o'donnell, thank you for giving us some perspective on it. some house republicans were visibly upset by last night's maneuvering and expressed both sadness and frustration on behalf of speaker john boehner. let's bring in nbc's senior political editor mark murray for our first read on politics. mark, we talked about, with kelly, and with peter, sort of the policy implication. let's talk about the political implications here. john boehner put himself out there. on wednesday he said, in a press, short press conference, he said, we are going to pass this and it is going to be in the presence. not only did they not pass it, it didn't even come for a vote. the speaker vote on whether john boehner remains speaker is january 3rd. should he worry about his chances there? >> there are a lot of moving parts on whether or not he is going to hold his speakership. two things ended up happening last night. one house republicans lost a lot of leve

effective leader than john boehner has. >> sure. moments ago, the president and his family left for hawaii on board air force one. what does this look like to the american people? i know the senate is gone and the house is gone. here goes the president to hawaii. i mean, where is the sense of urgency here? and i blame all lawmakers for this. >> i agree with you, ed. i mean, i think the optics of this is really disturbing. if you are sitting at home, and you're telling yourself, okay, i'm not quite sure what is going to happen with my tax rates and for next year. so how much am i going to spend now on christmas? how much am i getting back? those kinds of questions, that kind of uncertainty, what is going to happen with payroll taxes, what is going to happen with unemployment. and you see everybody kind of just leaving town, great that they're willing to come back next week, but you know what, most of us when we have work to do, we sit there and we get it done. we don't get to leave and come back when it's convenient for us. so, yeah, i think it would be much better if these guys showed a li

in the session the day after christmas. on another sad note, hawaii senator dan anhoy, a war hero and the longest-serving member of the senate. he had represented his state as a congressman on senator since hawaii joined the union in 1959. president obama said tonight, tonight, our country has lost a true american hero. according to the senator's staff, his last word was aloha. coming up, in the aftermath of yet another tragedy, the mental health community needs to assess if it's doing everything it can to stop gun violence. or are they being asked to engage? psychiatrist gail saltz joins me for the discussion next. stay with us. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see y

hawaii vacation short to deal with the fiscal cliff. >> really, it's kind of like falling down stairs. we have a dysfunctional congress. >> speaker boehner needs to bring his party along. >> it's pretty clear that he could not bring them along. >> john boehner doesn't seem to have full control of his caucus. >> they were this close. >> the republicans will be blamed. >> they were this close to a solution. >> we're going to head over that cliff. >> i know it's hard for the republicans. the minute those leaders move forward, they get viscerated. >> guns shouldn't be available for anyone, any time, anywhere. >> the conversation still wages on. >> its plan to add more guns to schools. >> a completely dumb-ass idea. >> i don't think the nra is listening. >> you can call it whatever you want to call it. >> congress hasn't confirmed the director of the bureau of alcohol, tobacco and firearms. >> dysfunctional, dysfunctional, dysfunctional congress. >> we're not going to allow what has happened in the past to go on. >> congress has just three business days to pass legislation to avoid going over

colleagues are going to the funeral, and that has created -- that service that will take place in hawaii has created a challenge for us when it relates to the schedule itself. we understand that this is a difficult time, but we need to work together to put in place pro-growth economic policies and i think they are, as i said in my remarks, there is a bipartisan call to do that. there is the reduction in the corporate tax rate. real tax reform. something we have been trying to do for a while and i think it can be done in a bipartisan way. real entitlement reform that does not hurt our fellow americans is something that can be done in a responsible way, so i will simply say that this is not a perfect process, but this is the process that is going on right now to deal with a tough, tough situation. we do not want our fellow americans to be hurting, especially at this time of the year as we look to the christmas holidays, and i believe that we can see an agreement which we will work to ensure that that does not take place, and so, mr. speaker, i urge my colleagues to support the rule and the und

the fiscal cliff. happy new year. here's what you might have missed. president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, es

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